02.01.2019 21:46:00

Thank you from Bridging Finance Inc. - Over $480 million in successful fundings in 2018

TORONTO, Jan. 2, 2019 /CNW/ - Bridging Finance would like to sincerely thank all of our partners for making 2018 a banner year!

Bridging Finance Inc. (CNW Group/Bridging Finance Inc.)

Highlights include:

  • $480 million funded in new loans in 2018

  • Robust pipeline of $150 million in deals currently ready to be funded

  • No loan losses in 2018 and Since Inception

  • As at the end of November, the net return for the Bridging Income Fund (class F) was 7.88% and for the Bridging Mid-Market Debt Fund was 8.32%

  • Bridging Finance currently manages over $1.1 billion in the Private Debt space for retail and institutional clients

  • Very positive outlook for 2019 and non-correlated to volatile public markets

Thank you from all of us at Bridging Finance and we look forward to a fantastic 2019!

About Bridging Finance Inc.

Established in 2012, Bridging Finance is one of Canada's leading alternative credit investment management firms and currently manages approximately $1.1 billion of assets. Bridging Finance provides middle-market North American companies with alternatives to the financing options offered by traditional lenders. Lending proceeds, typically ranging from $3 million to upwards of $50 million, are used by companies to address needs such as restructuring existing debt, providing working capital for growth, supporting inventory purchases and financing expenditures and acquisitions/buyouts.

Please read the Offering Memorandum and financial statements before investing. Past performance may not be repeated.

SOURCE Bridging Finance Inc.

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